Social & Organisational Research Blog
- The Consumer Prices Index including owner occupiers’ housing costs (CPIH, not a National Statistic) 12-month inflation rate was 2.6% in June 2017, down from 2.7% in May 2017.
- This is the first fall in the CPIH inflation rate since April 2016, although it remains higher than in recent years.
- Falling prices for motor fuels and certain recreational and cultural goods and services were the main contributors to the fall in the rate.
- These downward contributions were partially offset by rising prices for furniture and furnishings.
- The Consumer Prices Index (CPI) 12-month rate was 2.6% in June 2017, down from 2.9% in May 2017.